Economy & Markets
The important economic and stock market news that advisors need to know.
Cash Flow Concerns Are King With Construction Clients
By Ginger SzalaAmid the pandemic, advisor Nick Giacoumakis is working with clients on keeping their businesses open.
May 15, 2020
SEC Fines Morningstar $3.5M for Conflict of Interest ViolationsThe firm says it has "enhanced and will further strengthen policies, procedures, and internal controls."
May 15, 2020
Edward Jones: How We're Adapting to the COVID-19 'New Normal'Here are the steps our firm has taken to serve clients through the pandemic while reinforcing our core values.
May 14, 2020
Biggest Asset Managers Want a New Labeling System for ETFsBlackRock, State Street and others want leading exchanges to enact their proposal.
May 14, 2020
AICPA Creates PPP Loan Forgiveness CalculatorThe goal is to resolve remaining issues that created a "major stumbling block" to the program's implementation, it says.
May 14, 2020
How the Hedge Fund Industry Has Changed Since the 2008 Financial CrisisHedge funds are in a much better position now, Agecroft Partners CEO Donald Steinbrugge says.
May 14, 2020
Small Businesses Prepping for a Year of Disruptions Due to PandemicA global payment network polled small and midsize businesses on how they were handling the coronavirus.
May 13, 2020
Fed Chief Warns of Lasting Economic Damage, Pushes More Fiscal StimulusChairman Jerome Powell says Congress should act, noting that Fed policy has its limitations.